Cable One (NYSE:CABO) Posts Quarterly Earnings Results, Misses Expectations By $8.95 EPS

Cable One (NYSE:CABO) announced its earnings results on Thursday. The company reported ($1.35) earnings per share (EPS) for the quarter, missing the consensus estimate of $7.60 by ($8.95), FiscalAI reports. Cable One had a positive return on equity of 7.96% and a negative net margin of 29.78%.The business had revenue of $363.74 million for the quarter, compared to analyst estimates of $368.59 million.

Here are the key takeaways from Cable One’s conference call:

• Residential data customers declined by approximately 10,700 in Q4; net subscriber trends improved sequentially but remained negative, and Q4 revenue fell 6.1% YoY with adjusted EBITDA down 8.1%.
• Company completed its billing/platform transformation and simplified pricing, with >33% of residential customers using the eero in-home offering (sell‑in >80% in Q4), and a mobile pilot launched in six markets with a broader rollout planned in late Q1.
• Cable One generated $516.5M of adjusted EBITDA less CapEx in 2025, paid down $403.4M of debt during the year, finished with $152.8M cash and an undrawn $1.25B revolver, and says it can fund the MBI close without external financing.
• The MBI put option was exercised with an expected Oct. 1 close; estimated purchase price is about $480M and MBI net indebtedness is forecast at $845–895M, producing a pro forma leverage just above 4x while integration planning and expected cost/tax efficiencies proceed.

Cable One Price Performance

Shares of NYSE CABO traded down $0.34 during midday trading on Thursday, hitting $90.58. The company had a trading volume of 178,777 shares, compared to its average volume of 152,664. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 1.88. The business has a 50-day simple moving average of $99.99 and a two-hundred day simple moving average of $131.00. Cable One has a twelve month low of $70.37 and a twelve month high of $290.48. The firm has a market capitalization of $510.87 million, a price-to-earnings ratio of -1.11 and a beta of 0.74.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wells Fargo & Company decreased their price target on Cable One from $120.00 to $107.00 and set an “underweight” rating on the stock in a research note on Friday, November 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cable One in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Cable One from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lowered their price target on shares of Cable One from $175.00 to $145.00 and set a “neutral” rating for the company in a report on Wednesday, November 12th. Finally, BNP Paribas Exane lowered shares of Cable One from a “neutral” rating to an “underperform” rating and set a $80.00 price objective on the stock. in a report on Tuesday. Four equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Cable One presently has a consensus rating of “Reduce” and a consensus target price of $245.50.

Hedge Funds Weigh In On Cable One

Several hedge funds and other institutional investors have recently bought and sold shares of CABO. Corient Private Wealth LLC acquired a new stake in Cable One in the fourth quarter valued at $927,000. State of Tennessee Department of Treasury raised its position in Cable One by 207.1% during the fourth quarter. State of Tennessee Department of Treasury now owns 3,507 shares of the company’s stock worth $396,000 after acquiring an additional 2,365 shares during the last quarter. Empowered Funds LLC lifted its stake in Cable One by 8.9% in the 4th quarter. Empowered Funds LLC now owns 24,724 shares of the company’s stock valued at $2,790,000 after buying an additional 2,016 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Cable One in the fourth quarter worth $1,288,000. Finally, VARCOV Co. acquired a new stake in shares of Cable One during the fourth quarter valued at $228,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Cable One Company Profile

Cable One, Inc (NYSE:CABO) is an American provider of broadband communications services, offering a suite of residential and business solutions over a hybrid fiber-coaxial network. The company delivers high-speed internet access, digital video, voice communications and mobile services, alongside advanced managed Wi-Fi and cybersecurity tools. Cable One’s infrastructure supports both traditional cable offerings and converged IP-based platforms designed to meet evolving customer needs.

In addition to consumer-focused services, Cable One caters to small and medium-sized enterprises with dedicated business-class connectivity, Ethernet solutions and cloud-based voice applications.